Container Ship Runs Aground In Hormuz Chokepoint

Ukrainian President Volodymyr Zelensky appeared to threaten civilian air traffic in Russia.  “Today, we want to warn every airline that uses Russian airspace, every insurer, and everyone who still uses Russia’s key airports: Russian airspace is becoming completely unsafe,” he said on Tuesday.  Russian President Vladimir Putin said Zelensky’s remarks amounted to “state terrorism.” “Look, […]

Tether's USDT Jumps To 8.5% Premium In India After Crypto Payment Crackdown Authored by Shaurya Malwa via CoinDesk.com, Raids on crypto payment firms in Bengaluru disrupted the pipeline that feeds dollar-pegged USDT to Indian platforms, pushing its local price more than 8.5% above the dollar, roughly double the usual gap. The price of Tether's USDT, the largest dollar-pegged stablecoin, has climbed to more than 8.5% above its dollar value on Indian platforms after a government crackdown on crypto payment firms choked off the token's supply into the country. USDT traded around 102.88 rupees over the...

Luxury Hotel In One Of America's Wokest Cities Sells At Shocking 94% Loss A luxury hotel in downtown Portland has sold for 93.6% less than its previous purchase price, according to the Portland Business Journal.The 221-room Royal Sonesta hotel, located at 506 S.W. Washington St., was purchased for just $6.83 million by an entity linked to Laxmi Hotels Group.The property last sold for $108.3 million in 2016, a staggering $101.5 million more than its latest sale price.The bargain-basement deal was part of a larger eight-property hotel portfolio acquired by Laxmi.The...